Ann: Half Year Results - 31 December 2009 , page-2

Nice turnaround in net profit from $93M loss to $79M profit for corresponding periods for 08/09.

Revenues fairly consistent across most divisions, some down on 2008, guidance on the outlook was positive though but the QR privatisation and increase in ports competition may see some pressure on AIO and mgmt will have to ensure a "level playing field" to maintain AIO's market share.

Overall, EBIT before significant items was up 5.8% to $227.5M from $215.1M, seems the main contributing factors to the turnaround and a return to profit was a decrease in net interest and significant costs ($69M)and significant items ($81M).

Dow down 100 and SPI futures down 54 but with this sort of result you would expect AIO to hold it's own today, then again it's the market lol

good luck holders